Post by ajvasel on Mar 9, 2006 8:47:59 GMT -5
Hood Tender: No. 1 Pick Value
PhiladelphiaEagles.com
March 2, 2006
By DAVE SPADARO
As expected, the Eagles have made their tender offers to their four restricted free agents, and have given cornerback Roderick Hood the middle-level offer, which carries first-round compensation should Hood sign with another team.
The Eagles also made contract tenders to the three other restriced free agents on the roster: Punter Dirk Johnson, running back/return man Reno Mahe and safety Quintin Mikell. The Eagles have the right to match any offer sheets those three players sign in this free-agency period. If they choose not to match, the Eagles would not receive any compensation, as none of those three players were drafted.
The deadline for restricted free agents to sign offer sheets is April 21.
There are three levels of tender offers. The low-level offer, which means a team would be compensated with a draft pick equal to the round in which a player entered the league, is $712,000. The middle-level offer -- which is what Hood received -- carries a first-round draft pick as compensation, is $1.552 million. And the high-level qualifying offer, which includes first- and third-round compensation, is $2.069 million.
Now, should Hood sign an offer sheet with another team, the Eagles still have the right to match the offer. If they choose to not match the offer, the Eagles would receive a first-round pick from that team in the 2006 draft.
Amid the league's labor uncertainty, NFL owners met in New York Thursday in a last-ditch effort to come to an agreement on sharing revenue. The only agreement reached between the owners and the Players' Association was to delay the start of free agency until 12:01 A.M. on Monday.
As a result, teams are expected to spend most of the day releasing players to reach compliance with the $94.5 million salary cap.
Already, several quality players have been released around the league and more are expected in the coming days. The Eagles are not expected to make any moves, as they are reportedly comfortably under the salary cap.
Teams now have until 6 p.m. on Sunday to get under the salary-cap limit.
PhiladelphiaEagles.com
March 2, 2006
By DAVE SPADARO
As expected, the Eagles have made their tender offers to their four restricted free agents, and have given cornerback Roderick Hood the middle-level offer, which carries first-round compensation should Hood sign with another team.
The Eagles also made contract tenders to the three other restriced free agents on the roster: Punter Dirk Johnson, running back/return man Reno Mahe and safety Quintin Mikell. The Eagles have the right to match any offer sheets those three players sign in this free-agency period. If they choose not to match, the Eagles would not receive any compensation, as none of those three players were drafted.
The deadline for restricted free agents to sign offer sheets is April 21.
There are three levels of tender offers. The low-level offer, which means a team would be compensated with a draft pick equal to the round in which a player entered the league, is $712,000. The middle-level offer -- which is what Hood received -- carries a first-round draft pick as compensation, is $1.552 million. And the high-level qualifying offer, which includes first- and third-round compensation, is $2.069 million.
Now, should Hood sign an offer sheet with another team, the Eagles still have the right to match the offer. If they choose to not match the offer, the Eagles would receive a first-round pick from that team in the 2006 draft.
Amid the league's labor uncertainty, NFL owners met in New York Thursday in a last-ditch effort to come to an agreement on sharing revenue. The only agreement reached between the owners and the Players' Association was to delay the start of free agency until 12:01 A.M. on Monday.
As a result, teams are expected to spend most of the day releasing players to reach compliance with the $94.5 million salary cap.
Already, several quality players have been released around the league and more are expected in the coming days. The Eagles are not expected to make any moves, as they are reportedly comfortably under the salary cap.
Teams now have until 6 p.m. on Sunday to get under the salary-cap limit.
